secwatch.observer — SEC 8-K summary
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Issuer:     VALLEY NATIONAL BANCORP (VLY)
CIK:        0000714310
Form:       8-K
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0000714310-25-000071
Event type: leadership
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Valley National Bancorp appoints Eyal Efrat as director, replacing Bank Leumi designee
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- Eyal Efrat appointed to board effective March 12, 2025, replacing Avner Mendelson as Bank Leumi's designee.
- Efrat determined independent; serves on Risk Committee and Cyber and Technology Sub-Committee.
- Efrat is Chief Information Officer at Bank Leumi since Jan 2024; over 25 years in Israeli financial tech.
- Appointment made under Investor Rights Agreement dated April 1, 2022 between Valley and Bank Leumi.
- No material transactions or arrangements beyond standard non-employee director compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714310/000071431025000071/0000714310-25-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714310/000071431025000071/vly-20250312.htm
  HTML page:      https://secwatch.observer/filing/0000714310-25-000071

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